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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net income (loss) $ 499 $ 536
Depreciation and amortization 1,298 1,342
Accretion and amortization of loan and leasing fees (404) (363)
Undistributed earnings of nonconsolidated affiliates, net (12) (32)
Provision for loan losses 328 204
Deferred income taxes 100 8
Gain on termination of leased vehicles (156) (202)
Other operating activities (115) 51
Changes in assets and liabilities:    
Other assets 369 (218)
Other liabilities (79) 130
Related party payables 50 144
Net cash provided by (used in) operating activities 1,877 1,601
Cash flows from investing activities    
Purchases and funding of finance receivables (9,668) (8,392)
Principal collections and recoveries on finance receivables 9,097 7,650
Net change in floorplan and other short-duration receivables 2,545 (529)
Purchases of leased vehicles (4,212) (3,436)
Proceeds from termination of leased vehicles 2,529 3,085
Other investing activities (4) (4)
Net cash provided by (used in) investing activities 286 (1,626)
Cash flows from financing activities    
Net change in debt (original maturities of three months or less) 188 (223)
Borrowings and issuances of secured debt 8,261 7,577
Payments on secured debt (8,998) (8,604)
Borrowings and issuances of unsecured debt 8,635 6,720
Payments on unsecured debt (6,177) (4,484)
Debt issuance costs (55) (44)
Dividends paid (409) (509)
Net cash provided by (used in) financing activities 1,444 432
Net increase (decrease) in cash, cash equivalents and restricted cash 3,608 407
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash 24 (9)
Cash, cash equivalents and restricted cash at beginning of period 8,081 8,249
Cash, cash equivalents and restricted cash at end of period 11,714 8,646
Supplemental Cash Flow Elements [Abstract]    
Cash and cash equivalents 8,444  
Restricted cash included in other assets 3,270  
Total $ 11,714 $ 8,646